Chrysler seen talking to union over closures

NEW YORK (CNNMoney.com) -- Chrysler is considering divesting divisions, which employ a combined 1,300 union workers, and is negotiating the plan with the United Auto Workers, according to a news report Tuesday.

The UAW opposes the move, saying that only declines in market share should lead to closures, said the Wall Street Journal.

Chrysler could sell its Mopar operation, which provides after-market parts, as well as Chrysler Transport, which moves supplies to and from the automaker's various plants, according to the report.

Talks between the company and the UAW were ongoing, said the Journal.

Several weeks ago new Chrysler CEO Robert Nardelli said the company might need to "monetize some assets" as part of its turnaround plan, according to the report.

Chrysler was recently bought out by private-equity firm Cerberus.